Posted On: November 19, 2008, 1:48 pm CST

Posted By: Guy in the know

If you had done research prior to posting, you would have noted that ALL news reports on AIG noted that they have 116k employees total, the article was written poorly. AIG did not double it's workforce. AIG made a bad investment, as do a lot of companies. That does not mean that all of the execs are wrongdoers. Let's not forget that Hank Greenberg was in charge when AIG started writing the CDO's. They are working to fix it, so I say let them do it. There are not enough insurance companies to take on the amount of risk that AIG writes. The insurance market would most likely collapse.